Poultry houses are a depreciating asset on a farm . So, as they age their value decreases. When the houses are appraised the appraiser will give the houses a remaining economic life(REL). An appraisal will come back and the report might say that the houses have 10 years of remaining economic life. The lender will look at REL years and that will be a factor in the loan terms. If you are a seller and are on the fence about selling you need to be considering the REL of the houses. You waiting anoth
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Poultry houses are a depreciating asset on a farm . So, as they age their value decreases. When the houses are appraised the appraiser will give the houses a remaining economic life(REL). An appraisal will come back and the report might say that the houses have 10 years of remaining economic life. The lender will look at REL years and that will be a factor in the loan terms. If you are a seller and are on the fence about selling you need to be considering the REL of the houses. You waiting anoth
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